Claims
Costs report puts victims first
The recent Scottish report on the cost of civil litigation has “blazed a trail for fair play” in courts for injured people, according to the Association of Personal Injury Lawyers.
Insurers forking out £187m every day, claims ABI report
UK insurers are paying out £187m to customers on a daily basis, while managing 26% of the UK’s total net worth, according to figures published by the Association of British Insurers.
Discount rate decision could be delayed, warns Kennedys
Insurance law firm Kennedys has cautiously welcomed the government’s research into the personal injury discount rate and warned that the outcome of the paper could delay a decision of whether the rate should change.
Social media and fraud on the agenda at Claims Club Asia - Singapore
Last Thursday, fifty claims professionals from brokers, reinsurers and insurers from Singapore met to discuss fraud and social media in the claims' process.
Costa Concordia salvage operation underway
The operation to right the Costa Concordia started at 07.00 GMT this morning, and is expected to take up to 12 hours.
£27bn UK cyber crime wave prompts AGCS cyber policies
Cyber crime cost the UK economy £27bn in 2012 according to figures from the Cabinet Office, and Allianz has responded with trio of new policies to protect businesses.
Zurich fails in Accident Exchange settlement bid
Zurich has been rejected in a bid to settle more than 50 credit hire rate disputes with Accident Exchange.
RSA ‘disappointed’ at consequential losses judgement
RSA has welcomed the judgement on its client’s warehouse riot case, which was burned and looted during the riots of August 2011.
Scotland's Future - Scottish courts kick-start modernisation
In just over a year (18 September 2014) Scotland will decide whether it wishes to remain part of the UK or become an independent nation.
Unscrupulous 'slam on' fraudster set for sentencing
A crash for cash fraudster who put lives at risk after deliberately pulling out in front of a bus is awaiting sentencing after claims investigators referred the case to the Metropolitan Police.
View from the Top Simon McGinn: Getting ahead of ourselves
While recent results are encouraging, now is not the time for the insurance industry to rest on its laurels
Post magazine – 11 September 2013
This week's issue of Post is now available to subscribers.
Crawford names Lafeyette to head GTS in USA
Adjusting giant Crawford has named Richard Lafayette as the new leader of its global technical services in the US.
Proposals to block broker deals with unrated insurers snubbed by the market
Reid told onus is on brokers to ensure passporting firms are 'financially sound'
Biba urges FCA to leave brokers out of complaints review and focus on insurers
DLG, Aviva and Allianz are top three GI firms in terms of number of complaints
Two men admit to laundering proceeds
Two men have pleaded guilty to laundering the proceeds of a nationwide motor insurance scam, which amassed over £5000 000.
Post Claims Club: Business strategy must lead the way in IT integration says RSA claims director
The key to successful IT integration is the development of a clear business strategy and operating model, according to RSA personal claims director Ben Horton.
Post Claims Club: Pregnant women exempt from ‘game changing’ legislation
Insurers should be aware that fundamental changes removing strict liability from employers’ liability civil claims where fault is not an issue will not relate to pregnant women.
Post Claims Club: Scottish solicitor covets England’s ‘one size fits all’ fatality claims setup
Claims awards for fatal accidents in Scotland could be made “fairer” by imitating the “one size fits all” approach adopted in the English courts, according to BTO solicitors partner Carly Forrest.
Interview: Julian James: Creating an Allied World
Six months into his role as president of Allied World Europe, Julian James is targeting new lines and new regions as he plans to build a bigger and stronger business
IUMI Preview: Charting a course
With the sector suffering major losses, long-term sustainability is high on the agenda at this year’s International Union of Marine Insurance conference. Can the market navigate the choppy waters?
Legal Update: Social Care: Unprecedented social care and abuse cases leave insurers with plenty to consider
In the past two weeks the social care and abuse landscape has exploded. Roy Woollard looks at the legal issues and their impact on insurers
Piper Alpha: 25 years on
A quarter of a century on from the Piper Alpha oil platform disaster, how has the industry learnt from the difficulties it faced in the aftermath – and what has been done to stop such a tragedy occurring again?
Penny Black's Insurance Week - 12 September 2013
Penny was fascinated to see Scottish knitwear brand Lyle & Scott announce a bold new strategy for choosing its next CEO - Twitter.